Quote by Milton Friedman
Inflation is the one form of taxation that can be imposed without

Inflation is the one form of taxation that can be imposed without legislation. – Milton Friedman

Other quotes by Milton Friedman

Every friend of freedom must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence. – Milton Friedman

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Freedom
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Other Quotes from
Inflation
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Imagine believing in the control of inflation by curbing the money supply! That is like deciding to stop your dog fouling the sidewalk by plugging up its rear end. It is highly unlikely to succeed, but if it does it kills the hound. – Michael D. Stephens

Category:
Inflation

Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink. – Ludwig von Mises

Category:
Inflation

One good thing can be said for inflation: without it there would be no football. – Marty Ragaway

Category:
Inflation

Inflation is determined by money supply growth. – Roger Bootle

Category:
Inflation

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